China. Stagnation? Not yet. (Not yet?)
Steven Philip Warner | The Dollar Business A deluge of frantic arguments and fickle narrations have of late been thrown on our desks and shown on the idiot-box in connection with two nations. One rigged-yet-popular, the other, loved-by-gods-yet-bullied-by-men. In the three weeks leading to July 8, 2015, stock markets in China blew up 14 Greeces in market value! So, let’s focus on a $7 trillion economy and push aside a debt-laden economy – one that accounts for less than 0.1% of India’s exports and 0.03% of imports – as another case of brazen idiocy on the part of its ‘eurosceptic’ political heads and subtle infatuation of both the Troika and Merkel with the ‘economic-nuke’ button. So, let’s talk China. China has been ...
